The 1927-S Lincoln Wheat Cent is a notable coin for collectors, minted at the San Francisco Mint and marked with an “S.” While it may not be the rarest Lincoln Wheat Cent, it holds historical significance and can vary greatly in value depending on its condition. This article explores the history, key features, and how to determine its worth.
History of the 1927-S Lincoln Wheat Cent
The Lincoln Wheat Cent series was introduced in 1909 to celebrate the 100th anniversary of Abraham Lincoln’s birth. The 1927-S Wheat Cent, minted in San Francisco, is part of this series and remains a popular coin among enthusiasts. Although millions were produced, finding well-preserved examples can be challenging, making them more valuable to collectors.
Key Features of the 1927-S Lincoln Wheat Cent
- Obverse (Front): Features a profile of Abraham Lincoln, with the date “1927” below and the mint mark “S” representing San Francisco.
- Reverse (Back): Shows the iconic two wheat stalks surrounding the words “ONE CENT” and “UNITED STATES OF AMERICA.”
- Material: Made of 95% copper, with 5% tin and zinc.
- Diameter: 19mm, similar in size to modern pennies.
Mintage and Rarity of the 1927-S Lincoln Wheat Cent
The San Francisco Mint produced around 14,276,000 of these coins in 1927. While this number might seem high, the condition of each coin significantly affects its rarity and value. Most 1927-S coins were heavily circulated, leading to wear and tear. As a result, finding one in good or uncirculated condition can be more difficult.
Value of a 1927-S Lincoln Wheat Cent
The value of a 1927-S Lincoln Wheat Cent depends on its condition. Below is a table that provides estimated values based on the coin’s condition:
| Condition | Approximate Value |
|---|---|
| Poor (Heavily Worn) | $0.25 – $0.75 |
| Good (Moderate Wear) | $1.00 – $5.00 |
| Fine (Clear Details) | $6.00 – $15.00 |
| Very Fine (Light Wear) | $20.00 – $30.00 |
| Extremely Fine (Sharp Details) | $35.00 – $60.00 |
| Uncirculated (No Wear) | $100.00 – $200+ |
- Poor Condition: Details are barely visible, and the coin is heavily worn.
- Good Condition: The coin shows wear but retains some visible details.
- Fine Condition: Details are clearer, with moderate wear.
- Uncirculated: Appears almost new, with no signs of circulation.
How to Identify a 1927-S Lincoln Wheat Cent
- Check the Date: Ensure the date reads “1927.”
- Look for the Mint Mark: The “S” below the date indicates it was minted in San Francisco.
- Inspect the Coin’s Condition: Better condition means higher value.
Where to Buy or Sell a 1927-S Lincoln Wheat Cent
You can find these coins through online marketplaces like eBay, at local coin shops, or during coin shows. For coins in better condition, it’s recommended to have them graded by a professional service like PCGS or NGC. Grading provides a more precise valuation and can attract serious buyers.
Collecting Tips for the 1927-S Lincoln Wheat Cent
- Focus on Condition: Aim for coins with minimal wear to ensure better value.
- Consider Professional Grading: Grading helps verify the coin’s condition and can increase its market value.
- Store Coins Properly: Use protective cases or holders to keep your coins safe from damage.
Conclusion
The 1927-S Lincoln Wheat Cent is a piece of American history that many collectors cherish. Its value largely depends on its condition, making it important for collectors to carefully examine their coins. Whether you’re adding to a collection or looking to sell, knowing the history and value of this coin can help you make informed decisions. For those interested in rare and collectible coins, the 1927-S Wheat Cent is a valuable addition to any collection.
FAQ’s
1. How can I identify a 1927-S Lincoln Wheat Cent?
Look for the year “1927” with an “S” mint mark below it, indicating it was minted in San Francisco.
2. What makes the 1927-S Lincoln Wheat Cent valuable?
Its value comes from its age and the challenge of finding well-preserved examples.
3. How does the condition affect the value of the 1927-S Lincoln Wheat Cent?
Better condition coins, like those with minimal wear, are more valuable and sought after by collectors.
4. Where is the best place to sell a 1927-S Lincoln Wheat Cent?
You can sell it online through eBay, at local coin shops, or during coin shows.
5. Is it worth getting my 1927-S Lincoln Wheat Cent professionally graded?
Yes, grading can provide an accurate assessment of the coin’s condition and can increase its value when selling.